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(OvobelFoods) Ovobel Foods complete technical analysis [charts+indicators] | Buy/Sell Ovobel Foods | (OvobelFoods) share price targets

Complete technical analysis of Ovobel Foods (OvobelFoods) by charts plus indicators, forecast predictions and share price targets for Ovobel Foods (OvobelFoods)

Showing technical analysis as on 2024-08-20 View latest technical analysis

10 day averaged volume of Ovobel Foods is 7566

Date Daily Closing Price Open High Low Volume
20 Tue Aug 2024 203.75 208.00 210.00 201.05 0.52 times
19 Mon Aug 2024 206.40 209.60 220.00 205.50 1.383 times
16 Fri Aug 2024 209.60 213.80 213.80 191.40 1.873 times
14 Wed Aug 2024 213.80 214.50 215.00 208.20 0.539 times
13 Tue Aug 2024 214.65 214.95 219.00 207.00 1.081 times
12 Mon Aug 2024 212.15 212.00 214.70 207.25 0.413 times
09 Fri Aug 2024 213.20 207.05 215.00 205.10 0.732 times
08 Thu Aug 2024 208.45 217.25 217.25 206.45 0.636 times
07 Wed Aug 2024 214.25 203.50 218.00 203.00 1.117 times
06 Tue Aug 2024 203.10 200.35 214.75 200.00 1.176 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 205.3, but if it comes above 205.3, then a intra day buy could be more profitable.
If you take a sell trade below 205.3, then use 205.3 as stoploss and 200.1 as target. However if you take a buy trade in stock , then use 205.3 as stoploss and 209.7 as target.

Share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Target 186.50
Downside Target 191.40
Upside Target 213.00
Upside Target 217.35
Upside Target 217.40
Upside Target 218.00
Upside Target 219.00
Upside Target 220.00
Upside Target 230.00
Upside Target 259.10
Upside Target 264.00

Intraday share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Intraday Target 196.53
Downside Intraday Target 189.32
Upside Intraday Target 215.48
Upside Intraday Target 227.22
Upside Intraday Target 208.27

Weekly technical analysis of Ovobel Foods (OvobelFoods)

Date Weekly Closing Price Open High Low Volume
20 Tue Aug 2024 203.75 209.60 220.00 201.05 0.487 times
16 Fri Aug 2024 209.60 212.00 219.00 191.40 0.829 times
09 Fri Aug 2024 213.20 208.05 218.00 196.30 1.061 times
02 Fri Aug 2024 213.10 213.95 217.40 204.10 0.866 times
26 Fri Jul 2024 209.40 201.30 213.00 193.50 1.183 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Ovobel Foods (OvobelFoods)

Date Monthly Closing Price Open High Low Volume
20 Tue Aug 2024 203.75 211.60 220.00 191.40 0.47 times
31 Wed Jul 2024 209.40 204.80 217.35 186.50 1.288 times
28 Fri Jun 2024 201.75 207.10 230.00 193.10 0.989 times
31 Fri May 2024 210.45 231.80 264.00 200.00 0.899 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ovobel Foods (OvobelFoods)

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Ovobel Foods stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Ovobel Foods in short term but the sell signal is initial and weak.

Ovobel Foods Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ovobel Foods in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Ovobel Foods is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 209.68 and Ovobel Foods (OvobelFoods) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Ovobel Foods (OvobelFoods) stock. Volume based technical analysis of Ovobel Foods (OvobelFoods) stock is negative.

Ovobel Foods Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Ovobel Foods stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Ovobel Foods in short term but the sell signal is initial and weak.

Ovobel Foods Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ovobel Foods in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Ovobel Foods is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 209.68 and Ovobel Foods (OvobelFoods) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Ovobel Foods (OvobelFoods) stock. Volume based technical analysis of Ovobel Foods (OvobelFoods) stock is negative.

Ovobel Foods Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Ovobel Foods charts

Click here for further forecast and predictions for tomorrow

Daily charts

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